Tax preparers make an average of $25 per hour in the United States.
Tax preparation is one of the easiest career changes to make for professionals looking to switch things up.
If you worry about the accounting side of tax preparation, you should know about the many software for tax preparers. Tax software takes the hassles out of tax season for tax preparers.
Continue reading to learn about the best tax preparer software that will help you become an expert in the field.
Becoming a Tax Preparer
Most people do not know that you do not need a Bachelor’s degree to be a tax preparer.
An accounting degree will help, but a short tax preparation certification course will give you real-world solutions to pursue your career as a tax preparer.
Once you have selected and completed your tax preparation certification, you can apply for a Preparer Tax Identification Number (PTIN) directly through the IRS.
You will need to complete the entire screening process. Once your application is accepted, you may file basic tax returns for people and businesses.
In a few states, you may need to apply for a tax preparation license. These include additional state-specific requirements.
Using Tax Preparer Software
After you complete your coursework, the IRS needs to accept your application. Once you have been accepted, you are ready to begin streamlining your tax preparation business.
One of the major ways people simplify their tax preparation process is by using software for tax preparers. For beginners and experts alike, tax preparation software will make your job much easier.
TurboTax makes tax preparation simple for beginners through its many suggestions and prompts.
TurboTax is also very affordable for beginners, and this software will guide you through asking your clients all of the relevant questions needed to properly file their taxes.
If you are looking for a little more flexibility for your client work, Drake Tax will give you the speed and efficiency needed to power through your busy season.
Through their intuitive user interface, you can easily compile and file your client’s tax returns through Drake Tax.
TaxSlayer Pro is one of the best software available for independent tax preparers.
TaxSlayer Pro is one of the more expensive options on this list. The cloud-based system makes it easy to travel and keep your business running, which is why we love this tax software for preparers.
Try a Season Side Hustle This Year
Tax preparation is popular as a seasonal side hustle because you can make the majority of your salary early in the year. You can then spend the rest of the year working other gigs or traveling.
If you are interested in trying out a new seasonal career that will help you live the life of your dreams, becoming a tax preparer and utilizing tax preparer software can help you get there.
If you enjoyed this post, leave a comment below about how becoming a tax preparer could help you live your best life.